NOVA Archive - Modular purging and archiving solution

Managing historical client data and trading data are vital within the financial industry. Capital Market Solutions developed NOVA Archive as the solution to this management issue. NOVA Archive consists of software and services to purge data; archive data; and view archived data.

NOVA Archive reduces the cost of additional disk storage, reduces the size of the production database and improves data back up and system recovery times.

The purging module allows data to be deleted from the Production system while complying with regulations. NOVA Archive's archiving module deletes data form the Production system and stores as data extracts. The purged or archived data is defined with audit reports, tagged data is confirmed and then deleted from the Production system. The archived data is then stored in a raw format on a desktop PC. The data space is reclaimed and statistics are recalculated.

The Archiving Viewing Tool is an online tool running on a standard desktop workstation.

CMS can also provide consultancy and technical services to plan, implement and maintain a purging and archiving strategy. Training is also available.